Ase Industrial Holding Stock Performance
| ASX Stock | USD 9.93 0.12 1.22% |
ASE Industrial has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 1.3, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, ASE Industrial will likely underperform. ASE Industrial Holding now shows a risk of 2.26%. Please confirm ASE Industrial Holding potential upside, and the relationship between the jensen alpha and accumulation distribution , to decide if ASE Industrial Holding will be following its price patterns.
Risk-Adjusted Performance
1 of 100
Weak | Strong |
Weak
Compared to the overall equity markets, risk-adjusted returns on investments in ASE Industrial Holding are ranked lower than 1 (%) of all global equities and portfolios over the last 90 days. In spite of fairly strong basic indicators, ASE Industrial is not utilizing all of its potentials. The latest stock price disturbance, may contribute to short-term losses for the investors. ...more
Actual Historical Performance (%)
One Day Return 0.35 | Five Day Return 2.31 | Year To Date Return 9.75 | Ten Year Return 62.3 | All Time Return 64.44 |
Forward Dividend Yield 0.0318 | Payout Ratio 0.7156 | Last Split Factor 1029:1000 | Forward Dividend Rate 0.32 | Dividend Date 2024-08-05 |
1 | ASE Technology Holding Co., Ltd. Announces Monthly Net Revenues | 09/10/2024 |
2 | Understanding ASX Ltd Insights into the Share Price and Tech Opportunities | 09/30/2024 |
3 | ASE Technology Stock Rating Upgraded by UBS Group | 10/18/2024 |
4 | Investors in ASX have unfortunately lost 13 percent over the last three years | 10/25/2024 |
5 | ASX Ltd Transitions Leadership Amid CHESS Replacement and Regulatory Challenges | 10/28/2024 |
6 | ASE Technology Holding Co., Ltd. Reports Its Unaudited Consolidated Financial Results for the Third Quarter of 2024 | 10/31/2024 |
7 | 2 ASX shares worth watching ASX and BHP | 11/06/2024 |
8 | How you can value ASX and BHP shares | 11/15/2024 |
| Begin Period Cash Flow | 58 B |
ASE |
ASE Industrial Relative Risk vs. Return Landscape
If you would invest 979.00 in ASE Industrial Holding on August 27, 2024 and sell it today you would earn a total of 14.00 from holding ASE Industrial Holding or generate 1.43% return on investment over 90 days. ASE Industrial Holding is generating 0.0477% of daily returns assuming volatility of 2.26% on return distribution over 90 days investment horizon. In other words, 20% of stocks are less volatile than ASE, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
ASE Industrial Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for ASE Industrial's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as ASE Industrial Holding, and traders can use it to determine the average amount a ASE Industrial's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0211
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | ASX |
Estimated Market Risk
| 2.26 actual daily | 20 80% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average ASE Industrial is performing at about 1% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of ASE Industrial by adding it to a well-diversified portfolio.
ASE Industrial Fundamentals Growth
ASE Stock prices reflect investors' perceptions of the future prospects and financial health of ASE Industrial, and ASE Industrial fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on ASE Stock performance.
| Return On Equity | 0.11 | ||||
| Return On Asset | 0.0351 | ||||
| Profit Margin | 0.05 % | ||||
| Operating Margin | 0.07 % | ||||
| Current Valuation | 24.8 B | ||||
| Shares Outstanding | 2.17 B | ||||
| Price To Earning | 12.08 X | ||||
| Price To Book | 2.27 X | ||||
| Price To Sales | 0.04 X | ||||
| Revenue | 581.91 B | ||||
| Gross Profit | 134.93 B | ||||
| EBITDA | 104.76 B | ||||
| Net Income | 31.73 B | ||||
| Cash And Equivalents | 10.4 B | ||||
| Cash Per Share | 36.85 X | ||||
| Total Debt | 178.15 B | ||||
| Debt To Equity | 0.74 % | ||||
| Current Ratio | 1.18 X | ||||
| Book Value Per Share | 71.30 X | ||||
| Cash Flow From Operations | 114.42 B | ||||
| Earnings Per Share | 0.50 X | ||||
| Market Capitalization | 21.57 B | ||||
| Total Asset | 666.58 B | ||||
| Retained Earnings | 95.81 B | ||||
| Working Capital | 78.11 B | ||||
| Current Asset | 156.73 B | ||||
| Current Liabilities | 122.7 B | ||||
About ASE Industrial Performance
Evaluating ASE Industrial's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if ASE Industrial has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if ASE Industrial has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 47.12 | 42.29 | |
| Return On Tangible Assets | 0.05 | 0.04 | |
| Return On Capital Employed | 0.09 | 0.08 | |
| Return On Assets | 0.05 | 0.04 | |
| Return On Equity | 0.11 | 0.10 |
Things to note about ASE Industrial Holding performance evaluation
Checking the ongoing alerts about ASE Industrial for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for ASE Industrial Holding help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Latest headline from raskmedia.com.au: How you can value ASX and BHP shares |
- Analyzing ASE Industrial's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether ASE Industrial's stock is overvalued or undervalued compared to its peers.
- Examining ASE Industrial's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating ASE Industrial's management team can have a significant impact on its success or failure. Reviewing the track record and experience of ASE Industrial's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of ASE Industrial's stock. These opinions can provide insight into ASE Industrial's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for ASE Stock Analysis
When running ASE Industrial's price analysis, check to measure ASE Industrial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ASE Industrial is operating at the current time. Most of ASE Industrial's value examination focuses on studying past and present price action to predict the probability of ASE Industrial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ASE Industrial's price. Additionally, you may evaluate how the addition of ASE Industrial to your portfolios can decrease your overall portfolio volatility.